The ECB Money Printers Are Dangerous, Incompetent And Corrupt—–Tip Hedge Fund In Private Meeting

Shortly after 6pm London time yesterday, The ECB’s Benoit Coeure told a non-public audience of hedge funds in London that “the central bank would moderately front-load its purchases in its quantitative easing program because of the seasonal lack of market liquidity in the summer.” The reaction was a 50 pips drop in EURUSD… but this […]
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